Trilantic Capital Partners Explained

Trilantic Capital Partners
Type:Private
Predecessor:Lehman Brothers Merchant Banking
Foundation:[1]
Key People:Charles Ayres, chairman, Trilantic executive committee
Vittorio Pignatti-Morano, chairman, Trilantic Europe[2]
Location:New York, New York, U.S.
London, England, UK
Industry:Private equity
Products:Leveraged buyout, growth capital
Assets:$9.7 billion[3]
Num Employees:60+

Trilantic Capital Partners (Trilantic) is a global private equity firm focused on control and significant minority investments across a range of industries in North America and Europe managed by Trilantic North America and Trilantic Europe.[4] The firm specializes in management buyouts, recapitalizations, growth equity, middle market investments and corporate divestitures investments. Trilantic invests through equity and equity-linked securities transactions.[5]

Trilantic North America primarily targets investments in the business services, consumer, energy and financial services sectors; Trilantic Europe primarily targets investments in business services, consumer and leisure, healthcare, industrial and TMT sectors.[6] [7] The firm has managed six institutional private equity funds with aggregate capital commitments of $9.7 billion, as of July 2019.[8]

History

Trilantic was spun out from Lehman Brothers Merchant Banking (LBMB), in 2009,[9] by five founding partners, each of whom had workers at LBMB,[10] [11] which had been founded as the private equity arm of Lehman Brothers, in 1986, during the 1980s leveraged buyout boom.[12] In April 2009, Trilantic acquired LBMB out of the bankruptcy estate of Lehman Brothers with the support of Reinet Investments S.C.A, a Luxembourg securitization vehicle controlled by the Rupert family and listed on the Luxembourg Stock Exchange.[13] On May 11, 2022, it was announced that Trilantic Europe is buying the polling company Kantar Public (previously part of the Kantar Group) in the third quarter of 2022.[14] Kantar Public subsequently rebranded as Verian.[15] [16]

See also

External links

Notes and References

  1. News: Trilantic Capital Partners Sells MicroStar Logistics. peHUB. January 3, 2013.
  2. News: Company Overview of Trilantic Capital Management LLC. https://archive.today/20130118232605/http://investing.businessweek.com/research/stocks/private/people.asp?privcapId=32280519. dead. January 18, 2013. Bloomberg Businessweek.
  3. News: Trilantic North America Raises $2.75 Billion, at hard cap. businesswire. July 22, 2019.
  4. News: Addison Group Announces Partnership with Trilantic Capital Partners. Sep 30, 2013.
  5. News: Company Overview of Trilantic Capital Management LLC. https://archive.today/20130118232605/http://investing.businessweek.com/research/stocks/private/people.asp?privcapId=32280519. dead. January 18, 2013. Bloomberg Businessweek. November 13, 2013.
  6. News: Company Overview of Trilantic Capital Partners IV, L.P. https://archive.today/20140516192919/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=28332457. dead. May 16, 2014.
  7. News: Trilantic Capital Partners Raises $2.2 Billion. PR Newswire.
  8. News: Trilantic North America Raises $2.75 Billion, at hard cap. businesswire. July 22, 2019.
  9. News: Hausmann . Daniel . Lehman's Former Merchant Banking Unit Trilantic Capital Soars . 18 June 2020 . The Wall Street Journal . March 1, 2011.
  10. News: Former Lehman Team Seeking $2B for New Fund. Bloomberg. December 22, 2011.
  11. News: Trilantic Reins In $1.4B for Fund V. LBO Wire. April 17, 2013.
  12. News: Lehman Brothers Names Charles Ayres Head of Global Merchant Banking Business. PR Newswire. April 10, 2003.
  13. News: Ex-Lehman unit rebrands as Trilantic Capital. Private Equity International. April 15, 2009.
  14. Web site: marktforschung.de . Kantar gibt Verkauf seines Public-Geschäfts bekannt . 2022-09-12 . www.marktforschung.de . de-de.
  15. Web site: Kantar Public rebrands globally to become Verian . Verian Global Homepage . 26 May 2024.
  16. News: Kay-McClean . Liam . Kantar Public changes name to Verian . Research Live . 9 November 2023.